Todd Hess is the CEO of SailTime, the world’s leading boat membership program. Now celebrating its 15th anniversary, SailTime has more than 28 bases in North America and seven bases in Australia. SailTime members share the use of a professionally managed boat through the use of a unique and proprietary online scheduling system. A monthly membership fee covers the slip fees, maintenance, insurance and operating costs.
Entrepreneurial Role Models:
Steve Jobs
When business started difficulties overcame:
“Having enough capital to finance the ramp up of the business and to cover my personal expenses, until the business is profitable and can sustain itself and pay out a salary it’s something you build a business plan for, you think of all the costs it will take to get the business to that state of stability but the one variable in it is the time”…[Listen for More]
Favourite Books:
Pour Your Heart into it: How Starbucks Built a Company One Cup at a Time book by Howard SchultzFavourite Quote:
“If you truly want to understand something, try to change it”
Recommended Online Resources:
Best Advice to Other Entrepreneurs:
“You most likely will not home run on your first venture, great if that’s the case but it may take several ventures as it did for me before you find that lane of growth, you have to also seeing for the fences whenever the opportunity arises, a lot of people hold back”…[Listen for More]
More About Todd Hess:
Neil’s Quote at the Beginning:
“Always ask the questions you want to, life is too short to know if you’ll get a second chance to ask , and afterlife is probably too long to wonder what the answer may be.” Kaitlin Hollon
Other Quotes From the Chat with Todd Hess:
- “I get bored quickly if there isn’t something for me to build”
- “If in your business plan if you can achieve everything you wanted to hit that mark at the time you planned it then build in reserves so you can sustain yourself and so you can sustain your business”
- “Look for career opportunities with start ups; you can learn a lot from taking part in a start up before you have to take the risk of your own capital”
- “You may have a great product but can you make a living off of it”
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